Message #6 From:
NewsBot Date: September 28, 2005 03:22:00 AM
MVOG News Maverick Oil and Gas, Inc. Announces the Appointment of Two New Directors
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Sept. 28, 2005--Maverick Oil and Gas, Inc. (OTCBB:MVOG) announced today that it has appointed Mr. David Preng and Mr. Andrej Rucigaj to its Board of Directors effective immediately.
Mr. Preng has served as Chief Executive Officer and President of Preng and Associates since 1980. Preng and Associates is an international executive search firm specializing in the oil and gas industry. Mr. Preng also serves as a member of the Board of Directors of Remington Oil and Gas, Inc., a publicly held oil and gas company, as well as the National Association of Corporate Directors, for the Houston Chapter, Community National Bank, Texas A&M University International Board and Fellow for the Institute of Directors. He holds a B. S. in Business Administration from Marquette University and a Masters Degree in Business Administration from DePaul University.
Mr. Rucigaj has worked as a manager in the investment and finance fields for the last 10 years, with a focus on the energy sector. Since 2001, Mr. Rucigaj served as an investment manager of Aktiva Group, an Amsterdam based private investment fund. Aktiva is controlled by one of the principal beneficiaries of Line Trust Corporation Limited, a principal shareholder of Maverick. From 1994 to 2001, Mr. Rucigaj worked as an officer of Arkada, an investment fund in Slovenia. Mr. Rucigaj holds a B.S. in Electrical Engineering from ETH (Swiss Federal Institute of Technology) and an MBA from INSEAD, The European Institute of Business Administration (Fountainebleau, France).
It is expected that Mr. Preng and Mr. Rucigaj will be named to the Company's Audit Committee.
Mr. V. Ray Harlow, Chief Executive Officer of Maverick commented: "We are excited to welcome these two accomplished businessmen to our Board of Directors. Their insight and experience will prove invaluable as we rapidly develop the company over the coming months."
FORWARD LOOKING STATEMENTS
This press release contains forward looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, regarding future results, levels of activity, events, trends or plans. We have based these forward-looking statements on our current expectations and projections about such future results, levels of activity, events, trends or plans. These forward looking statements are not guarantees and are subject to known and unknown risks, uncertainties and assumptions about us that may cause our actual results, levels of activity, events, trends or plans to be materially different from any future results, levels of activity, events, trends or plans expressed or implied by such forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as guidance, may, will, should, could, would, expect, plan, anticipate, believe, estimate, continue or the negative of such terms or other such expressions. Important factors that could cause our actual results to differ materially from our expectations, include but are not limited to those factors disclosed in our Annual Report on Form 10-KSB, our other filings with the Securities and Exchange Commission, as well as our other public documents and press releases which can be found on our web site (www.maverickoilandgas.com). Readers are cautioned not to place undue reliance on our forward looking statements, as they speak only as of the date made. Such statements are not guarantees of future performance or events and we undertake no obligation to disclose any revision to these forward looking statements to reflect events or circumstances occurring after the date hereof.
